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RE: Crypto Is The Poor-Man's Stock Market

I'm loving crypto! I love Steemit and how it's revolutionising social media. Yes, of course there is a lot of rubbish out there, but there are minnows waiting to be found that provide extremely good content worth reading. They aren't published authors, but they're also not posting memes day in day out.

This is what valuable cryptocurrencies provide. They provide ACTUAL value to people. Finite, scalable money that people are accepting. Even NOW, bitcoin is still not entirely recognised. Think of all the other coins that will ultimately replace bitcoin that are absolutely and UTTERLY undervalued. Currencies like Maidsafecoin that are poised to completely change the way the internet is provided to it's users (decentralised SERVERS!-- individuals will be paid to provide hosting memory when their machine is turned on) or Golem, a way to share your processing power to assist in rendering graphics and videos that would usually take hours for a single machine - and people getting paid for it. I'm also very interested in Digibyte - 15 second block timing compared with 10 minutes for Bitcoin and it's scalable into the future with aims at stabilising a digibyte at approximately $1. Current price - around 2.3c. There's a lot of room for growth there.

I wholeheartedly agree that cryptos are great for us regular people - it's actually really surprising that the wealthy aren't on board yet (maybe they are??) because surely the rich only want to get RICHER, right?

Cheers,
Nick

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You are very right and thank you for taking the time to read and reply. It's funny you mentioned Golem because I just bought some the other day to hold on to for a while. That is interesting about Digibyte and I will have to look into that one more. Thanks for you input and I really appreciate your take on things. Seems like we have a lot in common. you got a new follower.

Oh Thanks so much for following me! Being a total newbie to Steemit, new followers are a great bonus to boost our confidence and reassure us that what we create has value and meaning.

All the best,
Nick

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